Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
---|---|---|---|---|---|---|---|
$7 billion | N/A | October 11, 1967 | Frankfurt am Main, West Germany | Male | N/A | Entrepreneur, Hedge Fund Manager, Venture Capitalist | German-American |
What is Peter Thiel’s Net Worth?
Peter Thiel, a German-born American entrepreneur, hedge fund manager, and venture capitalist, has a net worth of $7 billion.
Highlights
– Peter Thiel has a net worth of $7 billion.
– He co-founded PayPal and was the first outside investor in Facebook.
– Thiel is a successful entrepreneur, hedge fund manager, and venture capitalist.
– He has made significant investments in numerous companies, including Palantir.
Early Life
Peter Thiel was born on October 11, 1967, in Frankfurt am Main, West Germany. His family migrated to Cleveland when he was one year old, and they eventually settled in Foster City, California.
Career
Peter Thiel first made his fortune as a co-founder of PayPal, where he also served as Chairman and CEO. He then became the first outside investor in Facebook, providing $500,000 in exchange for a 10% stake in the company. Thiel has also invested in various other startups and is known for his successful investments in companies such as LinkedIn, Yelp, Stripe, and Quora.
After PayPal, Thiel launched Clarium Capital Management, an investment management and hedge fund company. He also served as the chairman of Palantir Technologies, a California-headquartered analytical software company.
Personal Life
Peter Thiel remains active at his alma mater, Stanford University, and has taught at Stanford Law School. Through his Thiel Foundation, he supports young entrepreneurs by providing them with $100,000 over two years to pursue their business ideas instead of attending college. Thiel himself received a BA in Philosophy from Stanford University and a JD from Stanford Law School.
Thiel is involved in various philanthropic, academic, and cultural causes. He supports organizations such as the Committee to Protect Journalists, the Singularity Institute for Artificial Intelligence, and the SENS Foundation.
Net Worth Over Time
Peter Thiel’s net worth has steadily grown over the years. He made his first fortune as a co-founder of PayPal, and his early investments in Facebook and other startups significantly increased his wealth. Although he sold the majority of his Facebook shares after the company went public, he still holds a position on its Board of Directors. His investments in companies like Palantir have also contributed to his net worth.
Thiel’s net worth has reached $7 billion, making him one of the wealthiest individuals in the world.
Components of Net Worth
Peter Thiel’s net worth primarily consists of his investments in various companies, particularly PayPal and Facebook. His early stake in Facebook and subsequent investments in other startups have significantly contributed to his wealth. Thiel has also made successful investments through his hedge fund company, Clarium Capital Management.
Additionally, Thiel’s net worth includes his ownership stake in Palantir Technologies and his involvement in other ventures and business endeavors.
All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated, they are only estimates. We welcome all corrections and feedback.
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